This afternoon, June 14, Vice Chairman of the Provincial People's Committee Le Duc Tien chaired a meeting to consider investment in the Project to build a Waste Treatment Complex in Quang Tri province under the public-private partnership (PPP) model.
Vice Chairman of the Provincial People's Committee Le Duc Tien speaks at the meeting - Photo: PMH
At the meeting, Mr. Le Tuan Anh, Director of Dong Ha Urban Environment and Construction Joint Stock Company, said that with the amount of garbage collected at over 350 tons/day, the amount of garbage accumulated increases every year and the capacity of waste treatment by landfill cannot meet the demand for solid waste treatment. The construction of landfills takes up a lot of land, and it is difficult to mobilize capital to build landfills.
Faced with increasingly urgent needs, Dong Ha Urban Construction and Environment Joint Stock Company has joined forces with T-Tech Environment Joint Stock Company to report a proposal to establish a PPP project to build a waste treatment complex in Quang Tri province.
Accordingly, the joint venture of investors proposed to invest in the above project at the landfill of Dong Ha city and Hai Thai commune, Gio Linh district. The scale of waste treatment in Dong Ha and neighboring districts. The total land use area is about 10,000m3 ; the investment capital is about 260 billion VND, of which phase 1 is about 110 billion VND, phase 2 is about 150 billion VND.
The investment form is in the form of PPP, in which the state capital participates in about 11.54%, equivalent to about 30 billion VND; the remaining source is the investor's capital and the investor mobilizes about 88.46% of the total investment, equivalent to about 230 billion VND. The project implementation period is from 2025, the payback period is about 22 years.
At the meeting, representatives of leaders of departments, branches, sectors and localities focused on discussing and discussing the most suitable investment solutions and plans.
In particular, investors are required to clearly demonstrate that the PPP investment method is superior to other investment methods, or propose the most feasible investment plan; demonstrate financial capacity...
The investor consortium has explained the relevant contents and committed to implementing the Project of Building a Waste Treatment Complex in Quang Tri Province in the most suitable investment form when the Provincial People's Committee agrees on the investment policy.
Concluding the meeting, Vice Chairman of the Provincial People's Committee Le Duc Tien said that according to Plan No. 530/KH-UBND dated February 11, 2019 of the Provincial People's Committee on implementing the national strategy, integrated management of solid waste to 2025, vision to 2050 in the province, the goal by 2025, the rate of domestic solid waste treated by direct burial method will reach less than 30% compared to the amount of waste collected. In addition, the need for waste treatment in Dong Ha and neighboring areas is increasingly urgent.
Therefore, it is recommended that departments, branches, sectors and local units continue to review and research carefully; evaluate the advantages of each investment method in order to propose the most suitable investment plan, with the goal of completely handling waste in Dong Ha and neighboring areas as soon as possible.
Agree in principle to allow the consortium of investors to continue studying the project in the form of PPP in terms of feasibility, the proportion of state capital and other relevant regulations. Along with that, the consortium of investors will further study the method of private investment, in which clearly analyze the investment resources; methods, operating costs... to ensure the feasibility of the project implementation.
Pham My Hanh
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